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Introduction to Business

Introduction to Business
  • Code:  BUS1TF102
  • Extent:  6 cr (162 h)
  • Timing: Semester 1
  • Language:  English
  • Level:  Core studies
  • Type:  Compulsory

Starting level and linkage with other courses

No prerequisites.

Learning outcomes

Students get a solid understanding of different kind of businesses and their functions, structures and ways of operations. Students also learn to analyze, present and report the business of a selected case company. The course orientates students for doing IT-consultant work, too.

Course contents

  • Business environments 
  • Business organisations
  • Business functions and operations 
  • Case company and industry analysis

Cooperation with the business community

Visiting lecturer(s) and company visits possible.

Teaching and learning methods

Theory lecturing, team based analysis and presentations. 

  • Contact hours 32 h
  • Self-study and team-assignments 126 h 
  • Exam 3 h
  • The assessment of one’s own learning 1 h

Teachers

Pekka Kamaja

Course materials

  • Course book: Business Functions: An Active Learning Approach by Jim Pearce et al., Blackwell Publishing.
  • Additional material: Other Business Books, Corporate Annual Reports and reviews, Business newspapers, Internet Business Findings.

Assessment criteria

Components 1 (40 %) 3 (70 %) 5 (90%)
Knowledge The student has a basic knowledge of the principles of business environments and running business companies. Is interested in identifying and analyzing market and competition, company structures, business operations and financial performance of companies. The student has a good knowledge of the principles of business environments and running business companies. Is motivated in identifying and analyzing market and competition, company structures, business operations and financial performance of companies. Very good knowledge of the principles of business environments and running business companies. The student is highly motivated in identifying and analyzing market and competition, company structures, business operations and financial performance of companies.
Skills The student possesses an rudimentary understanding of the business analysis methods and knows how to apply the methods and concepts learned during the course in practice. The student possesses an eligible understanding of the business analysis methods and is enough skillful in applying the methods and concepts learned during the course in practice. The student possesses a solid understanding of the business analysis methods and is very skillful in applying the methods and concepts learned during the course in practice.
Competence The student is passable in presenting the company analysis reports as well as in explaining the business concepts. Has a basic knowledge of the business processes. The student is fluent in presenting the company analysis reports as well as in explaining the business concepts. Has a basic knowledge of the business processes. The student is highly fluent in presenting the company analysis reports as well as in explaining the business concepts. Has a good knowledge of the business processes.

 

Assessment components and their respective weights

  • Participation and individual contribution 10 %
  • Team assignment and presentation 40 %
  • Exam 50%

  • The assessment of one’s own learning does not influence the grade. The assignment is the same for all courses/modules and the answers will also be used for course/module development. The assignment is completed online in WinhaOpaali.

Recognition of prior learning (RPL)

To get a passing (P) grade and exemption from the course, student must display and demonstrate the competence by certificates from earlier studies or work experience covering the course objectives and contents. It is possible to participate in the competence demonstration only once before taking the course.